News & Insights
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News & Insights
Top priorities for finance teams for the remaining part of 2023
The continued concerns of a possible recession, inflation concerns, and geopolitical instabilities create challenges for businesses and their associated finance teams. As we near the end of the year, economic uncertainty continues to dominate many discussions. These challenges require finance professionals to be capable of adapting and responding to enhancing operations and informing businesses with […]
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News & Insights
How to become a contractor – deciding to move to self-employment
With redundancies and unemployment rising, more people are considering the opportunities self-employment offers to generate income. For some, managing their own business provides achievement and flexibility, but there are factors to consider before making the move. Before choosing self-employment, you must research and prepare for a new journey. Managing your clients, handling unpredictable income and […]
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News & Insights
Financial services companies move to automated, data-focused processes for new products and services
With the rise of multiple fintech startups and continued shifting customer preferences for digital banking, financial services businesses have endured many changes over the last few years. Shifting to automated, data-driven processes is the most effective solution for businesses to manage disruption and harness new opportunities. As customers have increasingly moved to online services, the […]
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News & Insights
Open Banking: Innovating and empowering customers in finance
The finance industry is experiencing a significant transformation spurred on by the rise of open banking. This revolutionary stage has accelerated worldwide, enabling financial innovation, driving competition and empowering customers. Open Banking Explained Open banking involves a shift away from traditional banking by enabling customers to control their financial information. It allows people to manage […]
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News & Insights
The data challenge for the finance industry
The Chief Product and Technology Officer at Spendesk recently discussed the benefits of data for the finance industry. In our digital world, finance and fintech companies consistently look for ways to use data to deliver more personalisation and relevant services. Product-related data provides vital insights into behaviours, choices and customer demands, which can support the […]
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News & Insights
Why financial analytics is becoming more critical for businesses
Financial analytics has become a critical factor for success in modern business. Most companies are starting to invest in big data analytical tools to deliver cost savings and increase revenue and productivity. According to reports, the data analytics market is expected to expand considerably, exceeding $221 billion in 2027. The rise of technology plays a […]
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News & Insights
Six ways CFOs can increase the potential of transformation success
Adapting and transforming business activities during challenging times is vital. According to EY, progression and future success are more likely if CFOs can focus on six complex human-based factors. CFOs recognise from experience that successful transformation is challenging and requires their input. A recent study between EY and the University of Oxford Said Business School […]
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News & Insights
How fintech is enhancing data access for finance businesses
Data has become the new currency in today’s financial landscape, and the fintech industry is leading the way by leveraging technology to tackle challenges and deliver better financial solutions. Financial businesses are competing to transform their activities, and with the existing economic conditions, customers are demanding far more services and solutions, with increasing availability of […]
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News & Insights
Securing Data Privacy Compliance When Applying AI in Finance
Operational efficiency is a priority for corporate leaders, with AI gaining accelerated traction across industries. While AI has shown multiple benefits and shown significant results, those in regulated industries like finance, are raising specific questions concerning security, data validity and general ethics surrounding AI, especially regarding data privacy. Whether a finance-focused business is applying AI […]
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News & Insights
Digital transformation in banking: Exploring the Future of Finance
Digital technology has transformed the finance industry by enhancing the customer experience, improving operational efficiency and reducing overall costs. AI, big data analytics and automation are top trends reshaping the finance industry. There are challenges, however, including regulatory compliance, outdated tech systems, security, the demand for talent and the potential risk of losing connection with […]
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News & Insights
Key actions CFOs can take to build and nurture a finance team for the future
Finance leaders envision a future for the industry that is digital, scalable and data-focused. CFOs must reshape the digital aspect to be capable of attracting and retaining the next wave of talent in finance. Planning for AI CFOs have bold plans to enable the future vision of autonomous finance, An AI-driven finance service that delivers […]
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News & Insights
Driving digital transformation in finance requires getting the data right
Applying data skills and governance for leaders and employees is critical for CFOs to make progress with digital transformation plans. With the rising speculation around AI and other technologies, digital transformation remains a priority for CFOs. To make real progress on their digital plans they must position data governance and skills at the top. Industry […]